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Search Results 0 to 49 of about 124 (some duplicates have been removed)
as it seems? erika miller takes a closer look at the data and what it says about the u.s. economy. >> reporter: 3-tenths of a percent does not seem like much. but, when it comes to the nation's unemployment rate, a 3- tenths of a percent drop is actually staggering. the unemployment rate now stands at 7.8 percent. that's the lowest level since january 2009, when president obama took office. even more remarkable is the reason for the drop. >> the unemployment rate decline was not because people dropped out of the labor force. to the contrary. the labor force actually but the household survey estimate of employment increased even more. >> reporter: the household survey shows total employment rose by 873,000. that's the biggest gain since ronald reagan was president. but there's a catch. two-thirds of those jobs are part-time positions, taken because no full-time work was available. and there's another troubling sign: >> what we have is hiring that is concentrated, most recently, in the government sector. hiring that is concentrated, most recently in education and healthcare. a little bit of posi
, how would you describe the jobs economy and right now? guest: this is the weakest recovery we have had since world war ii. the jobs numbers each month, we have averaged around 145,000 jobs created per month this year. that is barely enough to keep up with the growth of the working age population. and it has been a somewhat brazilian recovery in that there have been a lot of fears that we would go back into recession at various times and that has not happened. the overall economy has grown roughly 2% since the recession ended in june, 2009. that is a fairly weak growth rate, particularly after the death of the recession. by many measures, this is easily the worst since the great depression corporate -- the great depression. the modest and sometimes weak growth we have had has made it very difficult for the unemployed. we have long-term unemployed, those are of work for six months or even a year, that has been a record -- at record levels. ben bernanke has long term crashes -- the prices of long- term unemployment. -- the crisis of long-term unemployment. host: let's begin with a call fr
economies because so many manufacturing and technology jobs are moving, whether it is a matter of costs for going where the trained work force is. we're fortunate to have to governors here to talk about how that change affects their jobs and what they're doing to jump- start their economies which compete with one another. this could be fun. let me start with our guest. governor hickenlooper. i knew that was going to happen. most of us here are pretty much aware of california's budget crisis. can you give us a quick briefing on where colorado is and what you are trying to do to turn things around? >> our budget is just as dressed as almost every state in the country. we have been working trying to control costs, get our pension funds in line, our state employees have not had a raise in four years. it has been difficult all the way around. the real challenge has been to try and turn public sentiment and get people to recognize it without a strong economy. it will not solve any of these problems. we have been relentless in what we did, the bottom up process and we asked them what they want
think he'll match up to vice president biden when it comes to the economy first, foreign policy second? >> i think it will be an even match. biden was in the senate 36 years so he has a very good understanding of federal issues as well. but paul ryan jokes about how he's been reading federal budgets since he was 22 years old. so they both have a very long backlog of data they can use. i think they'll be evenly match. >> what's your word of caution for each with 30 days to go? >> don't get overconfident for both sides. >> that's good. all right. erin, always great to talk to you. heating up, getting really close. we'll talk to you again. >> sounds good. >> you don't want to miss the first vice presidential debate. i'll be sitting in front of the tv. joe biden squaring off against paul ryan and this this is the e to tune in live. that happens on october 11, 9:00 p.m. tune in a few minutes more. lots of commentary too right here on the "fox news channel." >> speaking of foreign affairs, tensions are rising with new reports of more shells fired from syria into turkey. now for a fifth strai
the economy around and his passion is to shrink the size of government. he made the compelling case in the debate and did an excellent job. >>neil: is it your feeling, senator, that the economy is going the president's way? many of course have doubts about the reliability of the government data lately but having said that, it such that the obama folks can say, well, the trend is our friend and the republicans can whine about the economy but it is getting better and it is making mitt romney fight harder. >> when you pump tens and hundreds of millions of what the fed is doing to prop up the stock market and commodity prices and the over all economy, look, the obama administration has about everything the government can possible do and we still at 1 percent or 2 percent growth from the deepest recessions we have ever had. this is part of the regulatory policy of this administration is blowing in the opposite direction. as hard as the fed is trying to do it and as much as the private sector is trying to regain the horrible chinament this president, not just regulatory, but climate in te
that the economy is a top issue, you run into a risk of focusing on too many items as opposed to jobs and economic issues. host: there will also be a foreign policy debate coming up on october 22. is this a sort of preview of that debate? will this be a preview for the obama camp to see what they will be talking about, coming up? caller: it will be a chance for governor romney to do a preview, yes. the thing that i think occurred many times before, romney camp -- came out and named a lot of these things fairly forcefully. from what we saw yesterday, this will be an even stronger reputation of his view on those issues. getting out on the campaign trail at these paul ryan events, particularly when it comes to the issue of things like foreign aid and how this country deals with the resources when it comes to other places, we do not exactly see that relationship being reciprocal. it is something that has gotten a surprising amount of attention on the trail over the last few weeks. it could be an area where the mitt romney campaign is looking forward as they decided to hold this speech. host: one piece
on the stock market, which mr. blankfein said is a separate animal, but on the economy as a whole. the great unleashing of capital that would happen if this problem was solved. and that's the stake here. >> yeah, sue, and not a great deal of confidence from either man today that any deal could be reached. really any time soon. >> indeed. i think mr. blankfein hit the nail on the head when he said in reference to the fiscal cliff, that he feels as though the fed has been, in his words, courageous but that there is no remedy from the fed for the nis c fiscal cliff issue if it is not resolved. that to me was a big headline and i hope a lot of congressman and senators out there are listening to that because that to me was the shot across the bow. that to me says if they do not buckle down and get this resolved, do not look to ben bernanke and company to solve the problem. they can't in mr. blankfein's opinion and i think that's an incredibly important warning sign. >> steve leisman joins us now. steve, we were all riveted to you as we were talking to you with the three wise men, simpson and bowl
to 7.8%. the best number since january of 2009. the economy created 114,000 new jobs for the month in line with what economists were looking for and job creation numbers for the d upward. after a mixed start to the week the markets bounced back after positive economic data and what some called a romney rally following the presidential debate. the market was mixed on friday. the the auto sales are powering . on an annualized basis, sales hit 15 million units. the best number since march of 2008. gm and ford posted flat numbers but chrysler, toyota and volkswagen were strong. >>> a major milestone for facebook. the social website passed the -- the stock is down 38% 40%. >>> there's no such thing as a foolish question about money, the markets or the economy. so says my next guest tom gardner, ceo of "the motley fool." thank you for joining us. >> thank you for having me. >> we got the numbers out on friday showing 114,000 new jobs created for the month. the unemployment rate the lowest in 3 1/2 years 7.8%. were you surprised by the numbers? what do you think it tells us where we are i
of this economy if we are going to have a foundation. >> jarod. >> stephen -- >> let's not talk over each other. listen. >> jarod i'll give you the last word. >> because home prices are beginning to appreciate. we have under a million under wat water borrowers and they are able to refinance. this is able to kill that now would be a huge error. >> i want to see the short sales continue. that is all i want to see. the rest of it we have made a complete mess of it. and i fear we are going to make a mess out of the fha. it could go bankrupt before this is over. thank you both. coming up. we have the five year anniversary of the all time highs in the stock markets. five years ago today the how long will it take to get back to those highs? i think it could happen before year-end and you will hear why. later, tens of thousands of protesters fill the streets and nazi clad crowns waving swastikas. and i must say it will work in housing like every place else. stay with us. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected a
our economy forward, as he has for 31 straight months. and 44-month low in the unemployment rate. you know what is really shocking is that you have republicans, colleagues of mine, mitt romney, reince priebus, disappointed to continue the football analogy. they were rooting for a fumble and it's unbelievable that they are disappointed that we have a 44-month low in the unemployment rate. the american enterprise institute said that anyone talks about cooking the books is living in crazy town. so i guess chairman priebeus and other republicans either are dwelling there or simply rooting for failure. we need to continue to move our economy forward. >> shannon: the same grandpa, aei, said that under the president's plan, taxes would go up by $4,000 are they right? >> the tax policy center, which made up of economists from the bush administration and as well as the clinton administration, their asis says when it comes to mitt romney's and paul ryan's budget plan, it would cost $2,000 to pay for tax breaks for millionaires and billionaires, it turns medicare into a voucher system. that's on
. in all three battleground states, voters by double digits believe the economy is getting better compared to the numbers back in july. >> and mark halperin, that may be the big takeaway from this poll. the race is getting much closer. nobody can predict what's going to happen. if you look at a big friend, thoug trend, you've got to look at a lot of americans in these swing states are looking at the economy saying things are getting better. >> it's clearly a huge factor and yet, obviously, the debate from denver is also a huge factor. i think, you know, we look a lot at the margin of error, and these numbers aren't shifting all that much. what's key is in a lot of the states the president is below 50. that's a danger sign for him. the economy is getting better. it all goes back to the electoral college. you play with the numbers, look at these polls, romney still has to win six or seven or maybe eight of the battleground states in order to take this. and right now he's not there. but he's in a better position clearly than he was a week ago. the economy getting better has caused romney to s
that the global economy has weakened further and now predicts slower growth for the next year. the advanced economies like the u.s., imf saying growth now too slow to make a serious dent in unemployment. meantime the imf predicting growth will begin to slow down in emerging economies such as china. the global forecast now at 3.3% for this year. by the way, that is down from the july estimate of 3.5%. >> you can call it general feeling of uncertainty about the future. worries about the ability of european policymakers who controlle euro crisis, worries about the failure of u.s. policymakers to agree on a fiscal plan. >> as for greece, the imf sees athens missing that five year at the time reduction target that underpins the euro bailout. so they could have problems. and also warning that spain will likely miss its targets in 2012 and 2013 and debt will jump to more than 90% of gdp as it recapitalizes its banking sector. joe. >> i'm looking at an interesting piece on the imf. what got me is that it will slow to 3.3. and what that shows you is the contribution from developing nations. >> china
know that he cares about women and he cares about making the economy good for women and he cares that these past four years have been the most difficult on women. more women have become unemployed than men in the last four years. you also know that more women have fallen into poverty in the last four years. i know that we need to have women out there understand at thatmitt is a person cares and will work harder than anyone, that will be there, and he will not fail. host: the question is whether political spouses affect your vote. kathy in fort worth, texas, republican line. caller: good morning. my name is actually jackie. i am a mother. i'm not wealthy or educated. i went to high school. i have three sons and two grandchildren. i think it's wonderful to hear their spouse talk about them. it makes me see a different perspective in their personal lives. so i think it's good. host: what is it in particular that you like hearing from the wives of the candidates? is it their personal stories? is it them talking about their families or their professional experiences? caller: i think i
there is we have what we think is a diverse economy. we have a knowledge center in our education areas much like states like california and we were pretty good at job creation at the time he got sworn into office. and he immediately dropped us from 47th out of 50. and in the end that really doesn't surprise you. because when you look at the business experience he taughts. it had nothing to do with creating jobs it had to do with helping investors. i can tell you in my region of the state, which is the south coast area south of boston. our major initiatives he was awol in terms of working with legislatures, so job creation did not occur when he was governor. and when someone else succeeded him, we have come back to that we're ahead of the terms of the rest of the country right now in job creation. there is more to go nationwide and even in our state. but in massachusetts i know we don't want to go back and one of the things that is proof in the pudding is mitt romney never campaigns for president in massachusetts. [ laughter ] >> it's no accident that it is not a battle
thing congress can do that would stimulate job growth or lift the overall economy? boswell: right now we are an agriculture stated we are much more. we are certainly in agriculture state and we don't have a farm bill. it comes up every five years and it's very important to iowa and all of the crop bearing fire for producing states in the middle was an across the country. we have to have a farm bill and there have been political posturing. the speaker -- mr. latham's best friend i'm told. persuade him and bring them to the floor and let's have a discussion and do whatever amendment is going to do to take it to conference and get it done. >> moderator: congressman latham and congressman boswell the farm bill is the most important thing to stimulate job growth. latham: i have done everything possible to try to bring that tilted the floor. i have spoken out against leadership and i totally disagree with him but when you look kevin ag jobs, getting this economy going and has igoa rand and listening to constituents, small-business people, large business people, it doesn't matter. bavarian cert
cacacacacacaaac >> ceo jamie dimon spoke about the global economy and foreign relations today as part of their ceo speaker series. it is virtually assured that bond markets would project the rest out of congress could not reach a deal cutting the deficit. jpmorgan is being sued at the new york attorney general over allegations that subsidiary bear stearns deceived investors into buying mortgage-backed securities. this is an hour. [inaudible conversations] >> well, good afternoon. i am richard haass and i want to welcome all of you to the council on foreign relations into today's ceo speaker series meeting. this is part of the council on foreign relations corporate programs, which is supposed to increase connections and links between the business community in the foreign policy community, which to some extent are one and the same. i want to thank -- rather welcome not necessarily those of you do, but those around the world participating in this meeting or modern technology. speaking of modern technology, if people take a second to turn off their cell phones and the like, that would be most welcome.
agenda. joe biden and paul ryan clashing on on the economy and the mideast. we'll bring you highlights. plus everyone from washington to wall street is still buzzing about a cnbc exclusive. as the fiscal cliff near, steve liesman sat down with lloyd blankfein, alan simpson and irs skin bowles. >> people won't understand how critical this time in history is. we have $7.7 trillion worth of economic events that will hit america in the gut in december. and in washington they're doing nothing about it. nothing abit. we should be asking these guys running for president and every guy running for congress what are you going to do? >> we're accepting the challenge to do something about the looming fiscal cliff, so this morning we will ask each of our guests about the stakes and consequences for action and inaction. blankfein predicts that there would an huge positive impact on the economy and the markets if a bipartisan compromise is reached. he says he would be a buyer of the market as a result. plus andrew has a great line of corporate leaders. >> thank you, becky. and did you a remarkable jo
what they feel about the economy already. they're living it every day. so because there's a headline that says 7.8, it's a talking point, but they already know what their friends and neighbors are doing. >> when do we find out how romney is fun raising compared to that 180 million or whatever? >> i think if it was so par with obama's, we would have heard already. i think it's probably behind. >> you don't hear that that's unbecoming to have so much money to spend. just don't hear -- it's alway s the republicans. >> it's not decided by money. nice to have, but there is saturation information for the small number of swing voters. and even if obama beat romney by 20, 30 million, that won't make the difference. obama will have to improve his performance in the debates. >> a gallup poll has romney and obama tied at 47% each. >> that's early for gallup. >> right here. >> their daily track comes out at 1:00, but this could be a different mole. i'm not aware of this new poll. >> this is one they took afterwards. it's just -- >> i'm hearing about it for the first time. >> i think it just hit
that used to be. bill: republican nominee continues to press on this issue, that's the economy. >> can we afford four more years like the last four years? he wants another stimulus. how did that first one work out? and then, he wants to pick winners and losers among companies, or losers in his case and then, of course he wants to hire more government workers. look, all of these things have not ignited our economy the way it should be ignited. we've seen the slowest recovery from a recession. bill: john roberts traveling with the campaign. live in vanmeter, iowa, that is west of des moines. what is happening there, john? >> reporter: good morning. governor romney will be talking agriculture today. not surprisingly we're on a 700 acre farm owned by the cook family. a lot of soybeans and corn here. we're in madison county. governor romney won this in the caucuses by the way. he will argue the president's policies things like estate taxes, climate change, environmental regulations, energy policy are hurting farmers. he continues to go after the president on issue of jobs of the even though th
and john mccain was on the look -- hook for six words -- "the fundamentals of the economy are strong." then things calmed down on our side. you start to go deeper into september and things begin to unravel. sarah palin gives a bad interview to katie couric around this time. and last night four years ago was the first debate. the pressure could not have been higher. on top of that, senator mccain was doing this dance between washington and the campaign trail. he had gone to washington for the bailout package and said he would not go to the debate unless there was a bailout package. we did not even know of john mccain would show up on the night. so that september, mitt romney had a tough month, people ask me all the time with a point to happen? , if you's pretty early think. think. 18 days with sarah palin seemed like a lifetime to me. got two lifetimes, that's like 40 days. a lot can happen on the campaign trail between now and then. it's a very interesting time. let's roll back a little. let's talk about the early days. first, my story. how i got to the campaign. i will go back to se
can't, you should and don't even try. >> there's no jobs for human spirit the economy is bad. it's all my fault and i can't fix it. >> i'm betting on china. >> i'm in over my head. >> not enough money to pay the bank. and we have to move. >> you should vote for mr. romney. >> apparently one should manage to get some behind the scenes video of the president. we told you last week about for lucky donors who won a campaign contest to a dinner with president obama. at least they thought they were lucky until the bill came. >> watch would have been. not a fancy place but watch what happens when the check comes. the check is put down. the president very slyly slides it across. >> and look how much the check is. $14 trillion. 14 trillion. >> thanks everybody. that is it for this special report. >> you couldn't make it up, but why bother? there it is. i want to thank steve and just encase has the urge to start drinking of the, we have supplied them with a case of pbr. that's how he celebrates. the annual mrc dishonors award, as its winners chosen by distinguished cross-section of the vast righ
're not getting that. look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is all about. it's about getting 12 million jobs, higher take home pay, getting people out of poverty into the middle class. that means going with proven pro-growth policies that we know work to get people back to work. putting ideas on the table, working with democrats, that actually works sometimes. and then -- >> vice president, could we get to that issue of what you could bring as a man, human being? i'm really going to keep you to about 15 seconds here. >> he gets 40? i get 15. >> he didn't have 40. >> let me tell you, my record stands for itself. i never say anything i don't mean. everybody knows whatever i say i do. and my whole life has been devoted to leveling the playing field for middle class people. giving them an even break. treating main street and wall street the same. holding them to the same responsibility. look at my record. it's been all about the middle class. they're the people who grow this country. we think we grow the country the middle out, not from the
roadmap starts off in china. a lower economic forecast from the world bank? is their economy getting even worse? >> earnings season here begins tomorrow with alcoa, costco, jpmorgan highlighting the week. we'll tell you why alccoa is a tell on how earnings will go. >> more worries for apple investors. reported work stoppages at foxconn. the stock now below the 50-day moving average. >> and huawei is sparking new concerns about cyber security. >> we begin with markets around the globe under pressure on global slowdown worries. 7.7% growth in china down from a previous forecast of 8.2%. the world bank citing weak global demand due to the european crisis and a slow u.s. recovery. data from europe showing industrial output in germany fell .5% in august. lots to digest. the world bank note was interesting. what they pointed out was a lot of chinese cities that had these aggressive and ambitious spending, stimulus plans to rebuild the cities might have trouble running into funding for these projects. >> i think a lot of the data that we see today is catch-up. there's just not a lot of good news
, wouldn't it be nice to have a job creator in the white house? the choice is clear. a stagnant economy that promotes more government dependency, or a dynamic growing economy that promotes opportunity and jobs? mitt romney and i will not duck the tough issues. and we will not blame others for the next four years. we will take responsibility and we will not try to replace our founding principles. we will reapply our founding princip principles. the choice is clear. and the choice rests with you. and we ask you for your vote. thank you. >> and thank you, both, again. thank you very much. this concludes the vice presidential debate. please tune in next tuesday for the second presidential debate at hofstra university in new york. i'm martha raddatz of abc news. i do hope all of you go to the polls. have a good evening. >> that was 90 minutes that felt like it was about nine minutes. a fast-moving intensely combative debate for the vice presidential debate this year, focused on complex substantial issues of foreign policy as much as it focused on economic and social issues, obviously they di
to the path, because it's the mechanism that'll make all the difference. >> the economy plays a significant role in recruitment and retention. will the economy coupled with talks to change military retirement pay and health care have a negative impact on retaining a professional all-volunteer force? >> i don't know. but, you know, as i travel around and visit with young soldiers, sailors, airmen and marines, and i also visit the coast guard from time to time, and i ask them why'd you come in, the answers are really varied. some of them come in because they want to defend their nation, and they know the nation's at war, and then some come in, as you noted, for economic reasons. what i will tell you is it doesn't matter why they come in, but because once you get 'em and you build into them this sense of purpose and sense of belonging, another attribute, by the way, that tends to be missing in american youth as they try to figure out who and what they are. by the way, i'm not trying to recruit you, but i will tell you that i'm happy to have your kids -- [laughter] but i will tell you that one
us no tax increases on 81 making less than $250,000. the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates better they got tired of talking about millionaires and billionaires. >> i am spectacular the perplexed by joseph biden. at least the is consistent. this is simply incorrect if the administration believes by raising taxes we can get ourselves into solvency, he is simply incorrect. mitt romney talking about the tax issues how to back out of this situation was awesome. >> i don't know if they believe this helps economically with us verses them redressing the wrongs for those who benefited the most until four years ago. >> we have seen this obama
it because it takes the attention off the debate and puts the attention on a recovering economy. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000 more jobs were added in july and august. >>> tonight at 10:30 what we found when we asked people about the economy and whether they've seen an improvement. >> on wall street the new jobs report did little to move the stock numbers. the debt crisis in europe or spain or greece are facing challenges continued to loom over investigators today. the dow was up 34 points. >>> filed plans for a $100 million initial public offering. the wireless network equipment maker has not said how many shares it plans to sell. the company's revenue nearly
and regulations that it would be a huge boost to the economy. those two reasons still exist. i think they will still model through because the alternative is potentially so bad. i could be wrong. you will see good news, bad news. it will work -- it will not work. they cannot do it all at once. they have the will. the politicians say there is no plan be. -- plan b. >> let's just keep globetrotting for second. the international financial meetings in japan. one thing coming out is the imf predictions for the slowdown in global economic growth. alcoa announced this morning the drop-off of global demand for aluminum which is sending an indicator. are you seeing the same thing in your business operations? you are a truly international institutions. are using a sign a slowdown? >> not quite like that. europe is in a mild recession. the government is going to spend 50% of the money. that will not go down. asia is a slower but it is nothing mystical or different than your read about. united states is fundamentally a stronger than people think, in my opinion. in latin america, some are better
be a good indicator of the economy. >> if you are going to watch the blue angels the weather should be cooperative. more of your fleet week forecast and for the weekend festivities coming up. >>pam: our top stories of lafayette police have arrested a volleyball coach for sexual misconduct. this coach was taken into custody after allegations that he was having an appropriate relationships with a female student. he is bas placed on administrative leave. >> an officer involved shooting in hayward leaving one man dead. he is accused of stealing a car. he did not put his hands up he instead reached for a weapon and officers fired. the have not identified the weapon that was used. >> with a ton of items with fighter jets flying above as the blue angels have the big show for fleet week. and the bluegrass festival kicked off today at golden gate park. it is expected to bring hundreds of thousands of people. the big topic on the campaign trial is the new jobs report. the unemployment rate fell at 7.8%. however, the president and the candidate are making very takes catherine heenan has more.
's the american people with one message, that he can take us to a better place, he can deliver us from the economy we all inherited from george w. bush to something better. romney came out best in the first debate because he denied the path he has chosen, denied the big tax cut from 35% down to 28% for people at the top bracket. the all-out elimination of the estate tax, the big-time cut in the corporate rate. he do denied his plan to limit nate medicare, denied he would kill coverage for those with pre-existing conditions. he got away without bolterring to deny his plan to let the automobile industry to go bankrupt and to dump 40 million people to wait in the energy ro emergency room. let's look at the some of the latest polling in the wake of wednesday's debate. this afternoon pew released a poll that showed a dramatic shift toward romney. this poll covers the four days sibts the debate and it has romney pulling even with president obama among registered voters, 46% even. four weeks ago pew had obama up by nine among registered voters, so this has been a huge shift in the pew poll. the move in t
on growth, maybe in the recovering economy, maybe a romney presidency. whatever you want to say. you could look at consumer discretionary names. they should do wonderful, especially with fed accommodation. history has shown us previous times, consumer discretionary stocks did exceptionally well. overall the stock market should do great next year. you can look at the fed argument. you can look at fundamental analysis. both sides support a bullish signal. >> so the four down days we've had here, the five, you see this as a buying opportunity? >> absolutely. build up the war chest. a great entry point into equities. >> debra, you're right in there with him, aren't you? >> absolutely. it pains me to know how many people have missed this rally, that they pulled so much money out of equity funds. the people that stayed in equity funds have gone into the dividend funds. they've gone into the index funds. it breaks your heart to see that so many people have left so many profits on the table. >> rick santelli, were you surprised at the strength of the euro, even after the downgrades overnight by mo
organized. >> rose: mexico's economy is doing how well now or how bad? >> well, doing well. i received today the report of july and again the economic growth was bigger than expected. 4.7 for july. >> rose: we'd take that here. >> that's good. let me tell you, we suffered a lot in the economic recession, 2009. >> rose: right. >> however, mexican economy expanded almost 16% since the second semester of 2009. so we had like 13 quarters in a row growing and generating like 700,000 new jobs in the formal sector which is very good for mexico. and i think that finally the economy is becoming very, very competitive. let me give you a couple of examples. when i took office six years ago mexico was the 9th largest exporter of vehicles in the world. and today we are the fourth largest exporter of vehicles in the world. so we are, for instance, the first exporter of flat screen and it's becoming a very, very good economy. and it's not only that we are very close to the united states which is clearly an advantage, but also we are investing a lot of infrastructure and in a very important thing, charlie,
Search Results 0 to 49 of about 124 (some duplicates have been removed)

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